State-run power producer NTPC today said it has commissioned 55 mega watt (MW) of Bhadla Solar Power Project in Rajasthan. “We wish to inform that 55 MW of Bhadla Solar Power Project of NTPC Ltd has been commissioned. With this, the installed capacity of Bhadla Solar Power project has become 260 MW and that of NTPC’s solar power projects has become 620 MW,” NTPC said in a BSE filing.

Hyundai Motor has suspended production at a fourth China factory for one week starting March 24, online media ChosunBiz reported on Sunday, fuelling worries about the impact of South Korea’s political tension with China on sales in the automaker’s top market.

Shares of Hyundai Motor fell as much as 3 percent on Monday, while its affiliates Kia Motors and Hyundai Mobis also traded lower. Online media ChosunBiz reported on Sunday that Hyundai Motor’s China joint venture has told suppliers that it will idle the factory in Cangzhou, Hebei Province from March 24 to April 1, to check its production line.

State-owned power equipment maker BHEL today said it has commissioned a 250-mw eco-friendly unit, using low-grade coal (lignite) as a primary fuel. The lignite-based thermal unit, based on circulating fluidised bed combustion (CFBC) technology, is the second such facility to be commissioned at Bhavnagar Energy Company’s (BECL) 2×250 MW thermal power project at Padva in Bhavnagar district of Gujarat, a BHEL statement said.

The benchmark BSE Sensex extended losses in the late morning deals and was trading lower by 153.24 points following sustained selling in metal, energy, telecom, oil&gas, FMCG and Auto sectors amid weak Asian cues. Market turned volatile on Asian weakness following Donald Trump’s failure to push through his key healthcare legislation raised doubts whether he will be able to push through tax reforms and mega-spending packages.

MUMBAI: It perhaps has never been so affordable to own a performance car in India. Iconic German sports car makers Porsche and Mercedes-Benz AMG added new, entry-level models to their portfolios, at prices as low as half those commanded by their full-feature performance cars. Tata Motors is building one of its own.

Purists may have a problem with some of the stripped-down versions making their way into India — they don't tick all the boxes on performance expected from the road vehicles made for speed — but company executives say these cars suit better for Indian road and driving conditions.

Coal India (CIL) was trading 2.4% lower at Rs 291 on BSE as the stock is trading ex-interim dividend for Rs 1.15 per share.

The board of directors of CIL in its meeting on March 26, 2017 approved payment of second interim dividend for the financial year 2016-17 at Rs 1.15 per share of the face value of Rs 10.

Indian Railways is considering ending state-owned Steel Authority of India Ltd's (SAIL) virtual monopoly on supplying steel for standard rail tracks, opening up annual purchases worth up to $700 million to the private sector, people close to the matter told Reuters.

The vast state rail operator is undergoing a $130 billion, five-year overhaul to modernise the world's fourth-largest network, which is blighted by ageing track and saturated capacity.

Market regulator SEBI accused Reliance Industries on Friday of having committed a "fraud" in taking a short trading position at the time of selling a stake in a subsidiary in 2007, ordering it to surrender 4.5 billion rupees ($69 million) plus interest in "unlawful gains".

Reliance, the $64 billion conglomerate controlled by India's richest man, Mukesh Ambani, rejected the ruling by the Securities and Exchange Board of India and said it would appeal to the Securities Appellate Tribunal.

Securities and Exchange Board of India (Sebi) on Friday delivered its verdict in the decade-old unlawful gains case involving the country’s second-biggest company, Reliance Industries. The capital market regulator has directed the Mukesh Ambani-led company to disgorge (give up) Rs 447 crore, with interest of 12 per cent per annum since November 2007, it made “illegally”.

Besides the high interest levied, the only punitive action is a one-year ban from dealing in the futures and options (F&O) segment by the company. So has the company gotten away lightly?

Private charter firms Deccan Charter and Air Odisha together are learnt to have bagged around 50 regional air routes to propel the government's ambitious regional connectivity scheme, UDAN.

The process of selection of the routes and the operators is nearly complete and the government is likely to make an announcement on this issue in the next few days, sources close to the development told PTI here.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.